Oil, Crude, trading
Read More »The Canadian Attacks The Resistance
The technical outlook is unchanged, and the pair’s movements did not change significantly, maintaining the bullish corrective context referred to during the previous analysis after it succeeded in building on the support floor of 1.2300, recording the highest price at 1.2414. Technically, we notice the return of the 50-day moving …
Read More »The British Pound Continues Its Gradual Decline
Oil, Crude, trading
Read More »Oil is Losing Momentum
Oil, Crude, trading
Read More »The Euro is Heading Lower
The Euro retested the previously broken support level around the psychological barrier of 1.1600 and could not close above the mentioned level, maintaining the gradual bearish context. Technically, and by looking at the 4-hour chart, we notice the continuation of the negative pressure coming from the 50-day SMA, accompanied by …
Read More »The Australian Dollar Fell After Less Hawkish Comments From RBA
The Australian dollar fell on Tuesday after the Reserve Bank of Australia spoke less hawkish-than-expected at the first of a series of central bank meetings this week. Attention is now focused on the US Federal Reserve, which begins two days of meetings on Tuesday and is expected to announce the …
Read More »Dow Jones Hits Record Highs
Oil, Crude, trading
Read More »The Canadian Maintains The Corrective Bullish Path
The Canadian dollar maintained its limited gains that were achieved at the end of last week’s trading, after it succeeded in establishing a good support floor around the 1.2300 level, and is still hovering around its highest level during today’s early trading session 1.2390. Technically, we notice the return of …
Read More »The British Pound Keeps a Bearish Path
Oil, Crude, trading
Read More »Oil Building on Support
Oil, Crude, trading
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